Tokenization will transform financial markets in the next 10 years, says Ceo de Robinhood


By Angel di Matteo @Shadowargel

According to the manager of Robinhood, Asset token will be an inevitable and transformative process for the financial industry, but seeing that result will take at least 10 years.

***

  • Vlad Tenev, CEO of Robinhood, assured in Token2049 that tokenization is “Unstoppable” and will transform global finances.
  • He pointed out that the US financial system could take longer to adopt it for its already consolidated infrastructure.
  • Robinhood It also promotes prediction markets, with more than four billion contracts negotiated since 2024.

At the conference Token2049 held in Singapore, Vlad Tenev, executive director of Robinhood, He expressed his firm conviction that the tokenization of assets will become an inevitable and transformative process in the coming years. During his speech at the event, he compared this phenomenon with a load train impossible to stop, anticipating that he could “devour the entire financial system.”

According to a report of The BlockThe Executive estimated that most large markets could establish a framework for tokenization within five years. However, he warned that global adoption could take more than a decade, and that the United States would move more slowly than other regions. According to Tenev, the main American challenge is that its financial system already works reasonably well, which reduces incentives to introduce radical changes.

To illustrate his point, he compared the situation with the railway infrastructure of Japan. He explained that, as well as the US. It does not see urgent need to invest in high -speed trains because it already has intermediate trains that fulfill its function, something similar occurs with its financial system: “Maybe you can’t negotiate tokenized actions, but Robinhood has done a good job in putting the actions available to the mass public.”

Stablecoins and the advance towards new tokenized assets

In his speech, Tenev highlighted the stablcoins as the most basic form of tokenized asset, stressing that their growing adoption in the US. UU. It reinforces the global dominance of the dollar. He said that this trend will probably extend towards shares, real estate and other assets, until it becomes the standard mechanism to access US markets from abroad.

The manager emphasized that the convergence between cryptocurrencies and traditional finances is inevitable: “Crypto technology has so many advantages over current systems that, in the future, there will be no distinction.”

Prediction markets: beyond elections

Another relevant axis of its presentation was the development of prediction markets. Robinhood He launched its platform in 2024 and has already registered more than four billion contracts of negotiated events. Although initially doubts arose about whether these markets would have relevance only during elections, Tenev said that interest has diversified.

The manager said that today there are contracts related to sports such as university and professional football, as well as cultural issues and even artificial intelligence. He stressed that many people use these markets not to speculate, but to inform themselves about social expectations and future events.

Despite the enthusiasm, he acknowledged that event contracts face criticism, mainly because some resemble bets. Tenev said that these comparisons are normal against disruptive innovations, and stressed that they also share traits with traditional financial products and with the media.

International expansion

Finally, Tenev also announced that Robinhood is in conversations with foreign regulators, including the Financial Behavior Authority of the United Kingdomin order to carry their predictions out of the United States. This strategy seeks to capitalize on the growing global attention towards new forms of events based on events and reinforce the international presence of the application.

Tenev’s speech in Singapore reflects the ambition of Robinhood for positioning themselves at the forefront of two key trends: the tokenization of assets and the prediction markets. Both could redefine the way in which the information in the next decade is negotiated and accessed.


Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.

Subscribe to our newsletter



Similar Posts